The machine's annual depreciation costs are calculated by dividing the machine's purchase price by its installation cost over a 5-year period:Depreciation costs equal (10,700,000 + 56,000) / Number of Years divided by five, or $2,151,200.
The value of a fixed asset less the total accumulated depreciation that has been recorded against it is its depreciated cost. The total amount of capital that is "used up" in a certain time frame, such as a fiscal year, is referred to as the depreciated cost in a broader economic sense. The accuracy with which depreciation is calculated allows one to assess patterns in a company's capital expenditures and how aggressive its accounting practices are. The terms "salvage value," "net book value," and "adjusted cost base" are all synonyms for "depreciated cost." Businesses and private individuals can calculate an asset's useful worth using the depreciated cost technique of asset appraisal.
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Answer:
Explanation: do you have the answer now?
Answer:I would say the answer is B.
Explanation:
You can <u>B. Say no</u> because informal gatherings are strictly prohibited.
<h3>What are informal gatherings?</h3>
Informal gatherings are social events held for social purposes.
Informal gatherings are not allowed for business discussions and should be rejected when offered for business purposes.
<h3>Question Completion with Answer Options:</h3>
A Decline the invitation because business matters must not be discussed with Outside Business Associates.
B Say no because informal gatherings are strictly prohibited.
C Say yes because you have never attended a business meal with the Outside Business Associate.
Thus, you can <u>B. Say no</u> because informal gatherings are strictly prohibited.
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